According to analysts of Bank of America (BofA) main, or as it is called benchmark stock index of America S&P 500 is currently in the final stages of the uptrend. Chief strategist of the investment division of BofA Michael Hartnett stated that the main reason to be bearish configured on the stock market in the US is the complete absence of such reasons. The expert of the Bank is confident that the stock indices of America are in a period of formation of the ultimate long-term reversal top. “Call this the rise of the S&P 500 “rally of Icarus”. The index is likely to touch the mark of 2630, while the yield on ten-year bonds of the USA will rise to 2.85%. All this is accompanied by a decrease in the EUR/USD to $1.15,” said Hartnett.
Information-analytical Department Forex club